American Tower Corp buys Airtel’s Nigeria towers

American Tower Corp has announced it is toacquire Bharti Airtel’s Nigerian towers, marking the firm’s first entrance to the country’s market. Under the deal Airtel will however have a tenancy of the 4,800 towers for at least 10 years.

Telecom Italia sells Brazilian towers, mulls tie-up with Oi

Telecom Italia has announced the sale of its Brazilian towers to American Tower Corp for approximately €900 million, the price tag it set out to achieve in the first place. The telco also confirmed it is weighing up its options overall in the Brazilian market, and that it is considering a tie-up of its subsidiary Tim Participações with local competitor Oi.